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Lot/land
  • $3,950,000

    10028 San Fernando Rd #34, Pacoima, CA 91331

    --beds
    --baths
    9,003.85Square Feet
    Unimproved Land
    Built in ----
    9,003.85 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 6.5% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027. Preliminary plans to add 20 new units to achieve an unheard 12% Cap Rate, 6.5 GRM, and only 166k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The preliminary plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units in the front for a total of 20 new units. The 14 existing units have undergone many capital improvements including updated roof, electrical, plumbing, windows, interiors, exteriors, etc.
    11 days
    on Zillow
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    39
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: July 25, 2025 at 07:56am

    Listed by:

    Julio Ruiz DRE # 01911261 818-524-0706,

    Global Platinum Properties, Inc. 424-394-1030

    Source: CLAW,MLS#: 25568133MLS Logo
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,003.85 Square Feet
    • Features: Corner Lot
    Details
    • Zoning: LAC2
    • Special conditions: Standard

    Community & HOA

    Location
    • Region: Pacoima

    Financial & listing details

    • Date on market: 7/21/2025
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